WHITEHAWK BIKE WORKSHOP CIC
WHITEHAWK BIKE WORKSHOP CIC
WHITEHAWK BIKE WORKSHOP CIC
Company limited by guarantee
Company Registration Number:
12324647 (England and Wales)
Unaudited statutory accounts for the year ended 30 November 2021
Period of accounts
Start date: 1 December 2020
End date: 30 November 2021
WHITEHAWK BIKE WORKSHOP CIC
Contents of the Financial Statements
for the Period Ended 30 November 2021
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
WHITEHAWK BIKE WORKSHOP CIC
Profit And Loss Account
for the Period Ended
2021 | 2020 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Operating profit(or loss): | ( | ( |
Profit(or loss) before tax: | ( | ( |
Profit(or loss) for the financial year: | ( | ( |
WHITEHAWK BIKE WORKSHOP CIC
Balance sheet
As at
Notes | 2021 | 2020 | |
---|---|---|---|
| £ | £ | |
Current assets | |||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 3 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
WHITEHAWK BIKE WORKSHOP CIC
Balance sheet statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
WHITEHAWK BIKE WORKSHOP CIC
Notes to the Financial Statements
for the Period Ended 30 November 2021
-
1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102
WHITEHAWK BIKE WORKSHOP CIC
Notes to the Financial Statements
for the Period Ended 30 November 2021
-
2. Employees
2021 2020 Average number of employees during the period 1 1
WHITEHAWK BIKE WORKSHOP CIC
Notes to the Financial Statements
for the Period Ended 30 November 2021
3. Creditors: amounts falling due within one year note
2021 | 2020 | |
---|---|---|
£ | £ | |
Accruals and deferred income | | |
Total | | |
COMMUNITY INTEREST ANNUAL REPORT
WHITEHAWK BIKE WORKSHOP CIC
Company Number: 12324647 (England and Wales)
Year Ending: 30 November 2021
The company runs a community bike workshop to provide local residents affordable bicycle maintenance facilities. The CIC incorporated in November 2019. In our financial year 2020 to 2021 our activities benefited the community in the following ways:We were able to run the workshop for 48 weeks of the year while keeping in line with Covid restrictions, making the maintaining a reliable service for local residents.We carried out 288 repairs ranging from inflating tyres and oiling chains to wheel, chain, cable, tyre and tube replacements and tuning brakes and gears and riding positions for different riders.We distributed 20 pairs of rechargeable LED lights to make cycling safer for the riders.We offered voluntary opportunities to local residents, allowing them to use, improve and share their skills to benefit the local community.
The company's stakeholders are the local residents who ride bicycles, or who want to ride bicycles and need support in choosing, repairing or maintaining bikes. We mainly have return customers but most sessions still sees new customers coming to use the workshop for the first time.Users of the workshop are asked for feedback whenever they use the workshop. The feedback was overwhelmingly positive, in fact we received no complaints. Given we are a small operation we cannot hope to carry out all of the repairs that are requested but people are understanding and we are able to signpost them to other services where they can get the work done.The changes that were requested repeatedly were to extend out working hours, either to open for an additional day each week or to open for longer on the day we do open. Unfortunately budget and logistics do not allow us to do this.
The total amount paid or receivable by directors in respect of qualifying services was £6,650.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
22 August 2022
And signed on behalf of the board by:
Name: Iain Wilson
Status: Director